Corowa Market report
Corowa Market held on Monday, March 26 with 11,738 lambs yarded an increase of 3,867 from previous market, 3,127 sheep yarded a decrease of 2,748.
There was a modest increase in lambs ahead of the Easter holiday period, however less sheep were yarded.
There were some stand out heavy lambs supplemented off grain, while quality in the lighter weights was generally plainer.
One agency did have a large run of store conditioned late season lambs sent from the Omeo area of East Gippsland.
The usual buying group attended, although one exporter didn’t purchase.
The market started very strongly before competition eased.
The price trend across the main runs of heavy trade and export lambs was cheaper, while there were some stronger sales of plain store lambs to the paddock.
Heavy export lambs sold to a top of $229, with most pens above 30kg cwt selling from $190 to $214/head.
The best presented heavy trade weight lambs sold from $154 to $174/head.
On a carcase basis, the bulk of the well finished slaughter lambs between 600c and 630c/ kg cwt, with higher results for the pick of the medium weight domestic pens.
Merino lambs in high value skins received solid processor support and topped at $164/ head.
Plain and light lambs varied from $59 to $125/head with local restockers purchasing mostly very small score 1 types.
Processor demand for mutton was very strong and price results across the main Merino runs were all dearer.
Heavy merino wethers in full wool sold to $185 while the heaviest ewes to $160/head.
There were a lot of small and mixed pens in the sheep offering which resulted in price variations on quality and numbers.
The general run of mutton was estimated between 430c and 480c, with some merino lines over 500c/kg cwt.